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LJ Hooker Commercial - Toowoomba
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23 Molloy Street Torrington, QLD 4350

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23 Molloy StreetTorrington, QLD 4350

Warehouse, Factory & Industrial • Showrooms & Bulky Goods • Other
Sold Price

$1,550,000

Land area

0.56ha (1.38 acres)

Floor area

2080.0m²

Property extent

Whole

Tenure type

Tenanted Investment

NABERS

0.0

Sold on

20 Aug 2019

Industrial Investment Opportunity - Property Owner In Liquidation

23 Molloy Street presents an investment opportunity to acquire an industrial facility in Toowoomba's prime industrial estate of Torrington. Currently occupied by PBS Specialty Coatings Pty Ltd on a three year lease expiring March 2020 with further 3 x 3 year options offering a solid investment opportunity in a great location.

- The industrial facility is improved with three industrial warehouses on a fully fenced 5,574m2* allotment.

- Warehouse One offering a total floor area of 1,200m2* including office/reception area, staff amenities and an attached warehouse.

- Warehouse Two currently used as a 'glassing shed' with a total floor area of 330m2*.

- Warehouse Three currently used a spray painting booth with a total floor area of 550m2*.

- Extensive concrete hardstand and gravel hardstand allowing for ample onsite parking and marshaling of heavy transport vehicles.

- The property is currently tenanted by PBS Specialty Coatings Pty Ltd (ACN 617 052 249) on a 3 year lease commencing 9 March 2017 with further 3 x 3 year options.

- Current Net Income of $190,000.00pa Net + GST + Outgoings.

- Located only twenty minutes from Toowoomba's CBD in a thriving industrial estate surrounded by quality businesses.

- Freehold for sale only.

For further information please contact Chris Stewart on 0451 948 001 or Julie Stewart on 0418 700 140.

Approx*.

Property ID: 502564258Last Updated: 20 Aug 2019

LJ Hooker Commercial - Toowoomba
23 Molloy Street
Torrington, QLD 4350
Chris Stewart
Julie Stewart

LJ Hooker Commercial - Toowoomba

111 Herries Street
EAST TOOWOOMBA, QLD 4350

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LJ Hooker Commercial - Toowoomba

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LJ Hooker Commercial - Toowoomba

111 Herries Street
EAST TOOWOOMBA, QLD 4350
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Chris Stewart

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Chris Stewart
LJ Hooker Commercial - Toowoomba
23 Molloy Street Torrington, QLD 4350

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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